You are required to prepare an investigative report on a recent corporate scandal that involved improper accounting practices or any form of financial scandal. Your report must include the following: an overview of the corporation a description of the scandal methodology - explaining the specific accounting impropriety that the company used. an explanation of how the firm managed to hide their accounting improprieties a discussion of who the scandal effected - both inside‚ and outside
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“Have you ever wondered about the theme of “ what do fish have to do with anything”?” Well in this story a boy disobeys his mother’s rules to talk to the homeless man.The title of the story is “what do fish have to do with anything?”. The author of the story is Avi. The characters are: Willie‚ Willie’s mom and the homeless man. The themes of this story are both trust and loyalty. For example one example is of loyalty is on page 354. On page 354‚ Willie gives the man a piece of pound cake. After
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Case 10.4 — Investing for Retirement Executive Summary Retirement plans represent a unique opportunity to divert a portion of income into tax-deferred accounts. This report looks at hypothetical sample data from 194 couples with the aim of gaining a deeper understanding of what characteristics affect this group’s tendency to invest or not invest in retirement plans. First‚ basic tests were performed on provided data to examine if the given characteristics were related to the amount invested
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prime examples include Baptists‚ Methodists‚ Presbyterians‚ Pentecostals Lutherans‚ and Mormons. It has been something that all Christians alive today grew up with and have become the norm in Christian society. Each denomination has a certain characteristic that distinguishes themselves from each other‚ but no one ever asks why do we have denominations or are they necessary. These questions‚ when asked‚ produce some rather disturbing results. Denominations are unnecessary and are actually detrimental
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English 103 Spring 2014 Do Prisoners of War have Rights? The occurrences of wars have been prevalent in the world for as long as history has been recorded. The causes‚ inspiration and justification for wars has varied from territory‚ power‚ religion‚ dominance‚ racism‚ divine right etc. The Romans fought to conquer and civilize the rest of the world while they dominated in the first century AD. Armies have been organized and trained to kill opponents that are perceived as threats to their nation
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Was the existing system adequate in the past? Why or why not? Why is it no longer adequate? The existing system was adequate in the past due to heavy reliance on direct labor hours. The ETO served as a central cost center‚ and transferred the costs to other divisions at direct costs plus allocated burden. Being in the late 1970s and early 1980s‚ technology testing of components required fewer cycles‚ and less complicated structures. Hence‚ such testing on products could be carried out by direct
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Why do firms purchase other corporations? Many firms purchase other companies to make their company larger. The growth of a company is achieved through expansion of purchasing already built companies and expanding their business into empty building. Merging with other companies is sometimes easier since the business is already setup. They can gain good managers and employee as well as formidable contracts that they were not using before. Do firms pay too much for the acquired corporation? Companies
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Zara Case: Vertical integration and outsourcing 1. How is Zara organized with respect to its vertical integration and outsourcing decisions? What governance structure does it appear to follow? Support your conclusions with reference to details of the Zara case and the Ferdows reading. Answer: Very well organized to facilitate its strategic competency: speed and flexibility. Decentralized governance structure fully supports the company core competency. The above supply chain mapping
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1. Outsourcing Outsourcing (contracting work out) occurs when a producer acquires goods or services from an external supplier rather than producing them internally. The main reason we decided to use a third party in the production of Yellowtail products is because Australia is expected to experience drought in the forthcoming years which would greatly challenge the production of wine in the country‚ as well as because petroleum costs are expected to further rise which would negatively impact
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CC2 PROFIT AND LOSS ACCOUNT Sales have increased over the years‚ but the rate of this increase is not steady. The highest sales point was in 2006. Cost of sales and expenses with the exception of other expenses have increased at a steady rate. Other operating expenses have fluctuated over the years; the lowest point was in the first year with the highest being in 2006. Finance cost seems to have reached a peak in 2006 and the fallen by 2008. Net Profit after Tax follows a similar pattern to
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